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WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.

WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.

FromHospitality Leadership - Restaurant and Hotel Leadership.


WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.

FromHospitality Leadership - Restaurant and Hotel Leadership.

ratings:
Length:
32 minutes
Released:
Apr 27, 2022
Format:
Podcast episode

Description

In our first workshop type episode, I welcome Scott McNamara back onto the mic as he takes us through his template for analysing and forecasting gross profit margins in his business.  Knowing your gross profit is really important for many aspects of your planning and forecasting.it is also important when it comes to your menu design and optimisation too - something that we will cover in a future episode.Scott has also agreed to share his template with you too so that you are able to get an idea of what his process is and the figures that he uses to calculate his gross profit margin.You can access a copy of Scott's template here.This is also a video version of this episode available here: https://youtu.be/zJVgogbcLB4Don't forget to join our community over on our website where you will get all the latest information about the amazing things that The Cafe Hustle has in store in the near future. 
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Released:
Apr 27, 2022
Format:
Podcast episode

Titles in the series (100)

Welcome to the Hospitality Leadership Podcast, where hospitality leadership coach Andy Jones explores the unique challenges of leading a hospitality business, whether you're managing a coffee shop, restaurant, or hotel. Through interviews with industry leaders and actionable strategies for success, Andy shares his expertise to help hospitality professionals at every level of the organisation. As a restaurant leadership coach with over a decade of leadership experience across multiple industries, Andy knows what it takes to succeed in the competitive world of leadership. Whether you're an owner, manager, or aspiring leader, The Hospitality Leadership Podcast can help you take your skills and your hospitality business to the next level. Tune in weekly to join the conversation and stay up-to-date on the latest industry trends. If you're looking for a restaurant podcast or resources to improve your hospitality leadership skills, you've come to the right place! Don't forget to subscribe and leave a review to help spread the word.